Please Note
- An estimate based on public data for similar roles. Not provided by the employer.
Assistant Vice President / Vice President, Group Payment Operations: Payments Initiatives / Transformation
Role summary
Written by MyIslandJob from the job title and employer. See the employer's page for the full description.
This role supports OCBC’s group-wide payment operations initiatives and transformation programmes. Candidates are expected to have solid experience in banking payments, transaction processing, operational risk, process improvement, or project delivery, with knowledge of payment systems and regulatory requirements. The position requires strong stakeholder-management, analytical, communication, and problem-solving skills, as well as the ability to coordinate with technology, operations, product, risk, and overseas teams. The successful candidate should be comfortable managing complex programmes, improving controls and efficiency, supporting payment-modernisation projects, and delivering changes accurately within deadlines. Experience with regional payments, ISO 20022, SWIFT, real-time payments, automation, or large-scale transformation would be advantageous.
Can I work in Singapore?
Never pay anyone for a visa or a job offer. A real employer pays the permit costs and never asks you for money.
How it works
How it works: Employment Pass: SGD 6,200+ a month in banking at 23, more with age (6,600 from January 2027), plus 40 COMPASS points for pay, degree, nationality mix and local hiring.
Before you apply: Dealing, advising and senior roles usually need a regulator's licence or approval, which checks your honesty, skills and finances. Ask if your job does.
Watch for: You score 0 nationality points when your nationality is 25% or more of the firm's professionals and managers; the job is usually advertised to locals for 14 days first.
Official source: Ministry of Manpower: Employment Pass eligibility. Checked November 2026.
What the job usually comes with in Singapore
Usual for Banking jobs in Singapore, varies by employer. Checked November 2026.
| Housing | Not usual; senior expats may get an allowance; Work Permit staff: employer must ensure proper housing (by law) |
|---|---|
| Relocation | Work Permit staff: employer pays levy, bond and insurance (by law); relocation help is an expat perk |
| Flights | Work Permit staff: flight home paid by the employer (by law); others only if the offer says so |
| Contract | Work Permit up to 2 years; S Pass and Employment Pass up to 2, then 3; notice 1 day to 4 weeks by default |
| Leave | 7 to 14 days (by law; many get more); 11 public holidays; 14 days' sick leave, 60 in hospital |
| Income tax | 0% up to SGD 20,000 a year, then 2% to 24% (about 3% at SGD 60,000); resident rates on a 1-year pass |
| Health cover | Employer must insure Work Permit and S Pass staff, SGD 60,000 a year (by law); Employment Pass: company plan |
Senior staff often get more than line staff, for example a single room or a yearly home flight. Ask the employer what the job includes before you accept.
Guidance, not legal advice. Rules change; your employer confirms the details for your case.
About OCBC Bank
OCBC Bank, officially Oversea-Chinese Banking Corporation, is one of Southeast Asia’s largest financial institutions and Singapore’s longest-established bank. Headquartered in Singapore, it provides retail and commercial banking, wealth management, investment banking, insurance, treasury, and digital financial services across Singapore, Malaysia, Indonesia, Greater China, and other markets. OCBC serves individuals, businesses, institutions, and multinational corporations through an extensive branch and digital network. The bank is recognised for its strong balance sheet, regional reach, and focus on technology, innovation, sustainable finance, and customer experience. Its operations and transformation teams play an important role in modernising banking processes, strengthening controls, and supporting secure, efficient payment services across the group.